Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
Bought another condo and rent it with $1300/month. Condo fee
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.
# Q- }8 R, a- W( |1 o6 a8 |Also bought a new luxury apartment in China last month with $150,000.
' g8 f$ b8 F5 l6 S) QThat unit worths $160,000 this month.
# w8 b4 g$ U* J* v" RDon't talk too much, just do it.

nca

前者对,后者风险大些.

Player99

longlife

原帖由 nca 于 2007-11-30 00:46 发表
前者对,后者风险大些.

' t: H4 G; P! y

/ Y2 h5 _( U) n6 H- |0 B+ X; m为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
8 U# Q, I0 F. B& n$ dI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
: F, o0 p0 G9 E- b, r& ?- ]Well, it is still the highest ever for my currency exchange history.